DMK Pharmaceuticals Variance
| DMKPQDelisted Stock | | | 0.0001 0.00 0.00% |
This module presents the Variance indicator for DMK Pharmaceuticals using available market inputs. The underlying data comes from exchange-reported trading records.
Investing Opportunities provides context for diversified portfolio design. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence DMK Pharmaceuticals's company valuation — related indicators include
signals in employment.
DMK Pharmaceuticals has current Variance of 12433.22. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 12433.22 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
DMK Pharmaceuticals outranks all peers for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
0.08 against Variance. Variance runs about
12.56 times Maximum Drawdown for DMK Pharmaceuticals
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Other Technical Indicators